… At the same time, DCEP can achieve real-time collection of data related to money creation, bookkeeping, etc, providing useful reference for the provision of money and the implementation of monetary policies. …
— China Finance 40 Forum (CF40) (@ChinaFinance40) October 28, 2019
Qifan revealed that China has been working on the project for five to six years and will be the first country that will give me DCEP a successful state cryptocurrency. Qifan proudly announces that “DCEP can collect data in real time”.
Xi Jinping, the Chinese president, announced only on Friday that China will “focus more on blockchain as it is the technology of the future and the next industrial revolution.” Shortly thereafter, the Bitcoin (BTC) price jumped 42% in the short term.
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